ALMAR.PA
Mare Nostrum SA
Price:  
0.66 
EUR
Volume:  
2,959
France | Professional Services

ALMAR.PA WACC - Weighted Average Cost of Capital

The WACC of Mare Nostrum SA (ALMAR.PA) is 5.0%.

The Cost of Equity of Mare Nostrum SA (ALMAR.PA) is 8.6%.
The Cost of Debt of Mare Nostrum SA (ALMAR.PA) is 5%.

RangeSelected
Cost of equity6.7% - 10.5%8.6%
Tax rate13.0% - 18.8%15.9%
Cost of debt5.0% - 5.0%5%
WACC4.8% - 5.3%5.0%
WACC

ALMAR.PA WACC calculation

CategoryLowHigh
Long-term bond rate3.0%3.5%
Equity market risk premium5.8%6.8%
Adjusted beta0.630.95
Additional risk adjustments0.0%0.5%
Cost of equity6.7%10.5%
Tax rate13.0%18.8%
Debt/Equity ratio
4.314.31
Cost of debt5.0%5.0%
After-tax WACC4.8%5.3%
Selected WACC5.0%

ALMAR.PA's CAPM model and how its cost of Equity is calculated

The Cost of Equity reflects the return a company needs to deliver to shareholders to justify the risk of investing in its shares. It’s computed using the Capital Asset Pricing Model (CAPM), which blends the risk-free rate, the stock’s beta, and the market risk premium.

This method evaluates the stock’s risk compared to a safe investment and the market’s overall volatility.

Here’s how we figure out the cost of equity for ALMAR.PA:

cost_of_equity (8.60%) = risk_free_rate (3.25%) + equity_risk_premium (6.30%) * adjusted_beta (0.63) + risk_adjustments (0.25%)

We include the risk adjustments, which range from 0% to 1%, to keep our WACC conservatives, especially for companies traded in developing markets.